The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Nordrhein-Westfalen; Münster; Gelsenkirchen, Kreisfreie Stadt
Location of affected unit(s)
Gelsenkirchen
Sector
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture Of Parts And Accessories For Motor Vehicles
200 jobs Number of planned job losses
Announcement Date
12 December 2023
Employment effect (start)
12 December 2023
Foreseen end date
31 December 2024
Description
As announced on 12 December 2023, the German automotive supplier ZF will be closing its plant in Gelsenkirchen by the end of 2024, which will result in the loss of approximately 200 employees.
The plant which almost faced a closure already in 2018 has not been profitable and was not able to gain any orders for its future product electric power steering for lorries. Workers’ representatives criticise the closure and emphasise that this move is a decision by management against ZF’s sites in Germany. Works council and management have started negotiations on a social plan and intend to find good solutions for affected employees.
Eurofound (2023), ZF, Closure in Germany, factsheet number 200622, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200622.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
